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Avison Young: Industrial construction keeps soaring despite rising materials costs

Avison Young: Industrial construction keeps soaring despite rising materials costs 3 Jun 2021

Consumers were flocking to online shopping before COVID-19 hit. Now, as the pandemic appears to be winding down, even more have embraced the simplicity of ordering groceries, clothes, electronics and more online.

"Consumers were flocking to online shopping before COVID-19 hit. Now, as the pandemic appears to be winding down, even more have embraced the simplicity of ordering groceries, clothes, electronics and more online.

And these consumers want their products to show up at their doors as quickly as possible. This has fueled an industrial boom that has held strong throughout the pandemic. According to a new report from Avison Young, this has led to an equally strong increase in industrial development, one that doesn’t look ready to slow anytime soon."

 

Click here for the full story by REjournals' Dan Rafter